Fund Description

The fund employs an integrated investment approach managed by Dimensional Fund Advisors LP, focusing on long-term expected returns driven by extensive research. It aims to invest primarily in a diverse range of U.S. small and mid-cap value stocks, defined as companies with market capitalizations smaller than the 500th largest U.S. company, typically under $12.89 billion. The fund emphasizes companies with low relative prices and high profitability. Under normal circumstances, it intends to invest at least 80% of net assets in U.S. securities and may tactically adjust exposures based on market conditions and investment characteristics. Additionally, it seeks to optimize trading costs and may engage in strategies such as futures and options trading to manage market exposure.